A Tradable Bottom In Oil?

The Never A Dull Moment In Oil Markets At the close of the past week, West Texas Intermediate Crude Oil (WTI) posted a 5 th consecutive ugly week (-5.21%) as a bigger-than-expected gain in U.S. crude inventories overshadowed concerns OPEC may cut production this weekend. Oil prices have now fallen 10 straight days, wiping out …

Airlines stocks seen taking off

Airline stocks are being teed up by several firms after a ten-day drop in crude oil prices throws a spotlight on earnings potential. Goldman Sachs expects strong revenue trends in 2019 to coincide with a heightened focus on cost controls. American Airlines (NASDAQ:AAL), Alaska Air Group (NYSE:ALK), Allegiant Travel (NASDAQ:ALGT) and JetBlue (NASDAQ:JBLU) are tagged …

Report: BlackBerry in talks to acquire security firm Cylance

BlackBerry (BB -2.5%) is in talks to acquire cybersecurity start-up Cylance in a deal that could reach $1.5B, Business Insider reports. It’s not in final stages but could be announced as soon as next week, according to the report. It would be another addition to BlackBerry’s security offerings, as Cylance builds AI-based products to defend …

Cherry Hill Mortgage Investment's (CHMI) CEO Jay Lown on Q3 2018 Results

Cherry Hill Mortgage Investment (NYSE:CHMI) Q3 2018 Earnings Conference Call November 7, 2018 5:00 PM ET Executives Michael Hutchby – Controller Jay Lown – President and CEO Julian Evans – CIO Marty Levine – CFO Analysts Tim Hayes – B. Riley FBR Trevor Cranston – JMP Securities Henry Coffey – Wedbush Operator Welcome to the …

Pitney Bowes reaffirmed FY2018 guidance

Pitney Bowes (NYSE:PBI) reports revenue rose 14% on a constant currency basis in Q3. Equipment sales down 2.5% to $100.94M. Business services sales up 58.3% to $363.53M. Segment revenue: Commerce Services: $358M (+59%); Small & medium business solutions: $399M (-4%); Software Solutions: $76M (-19%). Adjusted EBIT margin declined 250 bps to 11.7%. FY2018 Guidance: Revenue: +11 to +15% (on …